the smart solution for Washington DC jobs

VP & Chief Risk Officer Multifamily

Company: Fin'l Services General, Washington, DC
Location: Washington
Posted on: March 18, 2019

Job Description:

The Multifamily Chief Risk Officer (MF CRO) leads the organization that is responsible for comprehensive oversight of the Multifamily Mortgage Business. Key responsibilities include developing corporate parameters for Multifamily credit risk and establishing associated risk limits and thresholds, providing independent oversight of the MF book and acquisitions, and evaluating the effectiveness of risk management across the business. The MF CRO reports to the SVP and Enterprise Chief Risk Officer.

Key Job Functions & Duties Lead a team of Directors, Credit Risk Managers and Analysts located in the Washington DC and Dallas metropolitan areas. Develop the Multifamily acquisition risk appetite, Board Limits and Management Limits and ensure the Multifamily acquisition and book profile and performance are within established risk appetite, limits, triggers and risk policies. Chair the Multifamily Risk Committee. Establish key performance indicators necessary to monitor business. Monitor macro-economic environment and ensure that business responds appropriately to changes in environment. Identify Emerging Risks and Top Risks and ensure these risks are managed appropriately and monitored. Conduct Targeted Risk Reviews to ensure processes and controls are functioning as intended. Monitor loan and portfolio credit and pricing trends to ensure risk and returns are appropriately managed. Monitor credit risk transfer activities to ensure that credit risk transferred meets regulatory goals and results in appropriately managed risk. Oversee the DUS Program requirements expressed in the Selling and Servicing Guides and monitor deviations to the program. Review risk identification, monitoring, assessment and decision tools used across Multifamily to ensure prudent risk management practices exist. Review key model and methodology changes to Multifamily models to ensure adequacy of qualitative assumptions. Provide oversight of Multifamily allowance and stress testing assumptions. Engage with ERM stakeholders in functional areas to ensure holistic perspective of Multifamily risks. Qualifications

Basic Requirements Minimum Education/Certification: BA/BS required; Master’s degree preferred Ten years in a credit, risk management or related leadership role; must have strong knowledge of financial markets, commercial real estate lending and/or related fields Demonstrated ability to communicate in oral and written forms to senior management and influence management decisions Significant experience managing a staff of professionals in proven leadership roles Specialized Knowledge and Skills Detailed knowledge of multifamily mortgage business including origination, underwriting, and/or servicing with a large financial institution that manages credit risk for a portfolio of loans Strong risk management skills and understanding of enterprise risk management concepts preferred. Strong analytical and critical thinking skills as well as attention to detail required Experience with managing a team responsible for execution of projects is preferred Experience effectively partnering/collaborating with stakeholders and building trusting relationships Experience with providing strategic direction and vision for a group and demonstrated ability to influence broadly and communicate clearly, inclusive of executive presence Experience with managing key external mission-critical relationships Must have a deep background of demonstrated accomplishments in managing, designing, and improving processes and systems in a complex and competitive financial services operational environment Experience developing risk exposure and risk management strategies to support the company's business goals is preferred Effective communication skills with internal and external stakeholders, direct reports and staff and Ability to communicate complex issues at a high level Experience with managing human capital effectively including goal setting, performance management, top talent management, rewards and recognition, and succession management Expertise in change management Ability to communicate the vision and direction of the business function effectively, ensuring the development and alignment of business priorities to senior leadership, staff members and across departments and enterprise Ability to identify and propose thoughtful solutions that address issues while minimizing the potential impact on lenders, customers, and clients Competencies Customer focus: Building strong customer relationships and delivering customer-centric solutions Decision Quality: Making good and timely decisions that keep the organization moving forward Cultivates Innovation: Creating new and better ways for the organization to be successful Strategic mindset: Seeing ahead to future possibilities and translating them into breakthrough strategies Collaborates: Building partnerships and working collaboratively with others to meet shared objectives Builds effective teams: Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals Communicates effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences Drives engagement: Creating a climate where people are motivated to do their best to help the organization achieve its objective Drives vision and purpose: Painting a compelling picture of the vision and strategy that motivates others to action Ensures accountability: Holding self and others accountable to meet commitment Drives results: Consistently achieving results, even under tough circumstances

Keywords: Fin'l Services General, Washington, DC, Washington DC , VP & Chief Risk Officer Multifamily, Executive , Washington, DC

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Executive Jobs

Senior Director, Application Development (Web) - Marriott International HQ (19000KAX)
Description: Heres To Your Journey with Marriott International is the worlds largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. We believe a great career (more...)
Company: Marriott International, Inc.
Location: Baltimore
Posted on: 03/23/2019

Landscape Project Manager
Description: Classic Lawn Landscape is a family-owned landscape company located in Baltimore County. Classic Lawn Landscape specializes in Commercial Landscape Maintenance, Landscape Construction, Irrigation (more...)
Company: Classic Lawn & Landscape, INC.
Location: Middle River
Posted on: 03/23/2019

Sr Project Manager (Non-IT)
Description: Job Title: Sr Project Manager/ Program Manager Location: Washington, DC Duration: 12 Months Responsible for the tactical management and implementation of marketing/product related projects. The Implementation (more...)
Company: Zillion Technologies
Location: Baltimore
Posted on: 03/23/2019

Project Manager -External Manufacturing (Multiple Openings)
Description: OverviewReady to join a team committed to moving gene therapies into the clinical and commercial settings for patients and families devastated by rare neurological genetic diseases AveXis is advancing (more...)
Company: AveXis Inc.
Location: Baltimore
Posted on: 03/23/2019

Current College Students - In-Store Management Executive Internship (Kansas City, KS)
Description: One of the world's leading and most recognized brands comes to life in our stores, where guests are still captivated by everything that made them fall in love with Target. Our approximately 1800 locations (more...)
Company: Target
Location: Baltimore
Posted on: 03/23/2019

Landscape Project Manager
Description: Project Manager: Well-established Landscape Company in the Olney, MD area is currently seeking a motivated and highly organized individual to manage various large-scale
Company: AK HR Solutions
Location: Baltimore
Posted on: 03/23/2019

Sr. Construction Manager
Description: Sr. Construction Manager Job Summary: Construction Manager Senior Will coordinate and oversee the completion of all phases of the project cycle of facilities-related CONUS and OCONUS construction projects. (more...)
Company: Avidity Exchange LLC
Location: Columbia
Posted on: 03/23/2019

Human Resources Manager
Description: Blue Dot of Maryland is seeking a Human Resources Manager to provide support to employees within the service center maintains human resources and payroll data to ensure compliance with regulatory requirements (more...)
Company: ARS Rescue Rooter
Location: Forest Hill
Posted on: 03/23/2019

Program Analyst, IT Portfolio Management with Security Clearance
Description: Ironclad Technology Services is a Virginia based Information Technology and Business Consulting services company focused on supporting public and private sector customers as they tackle their most daunting (more...)
Company: Ironclad Technology Services LLC
Location: Washington
Posted on: 03/23/2019

Bar Manager
Description: Part time bar manager Friday and Saturday 7-12 pm. Must
Company: American Legion Post 60
Location: Laurel
Posted on: 03/23/2019

Log In or Create An Account